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The following budget data are available for Newest Company: Estimated direct labor hours 9,000 Estimated direct dollars $60,000 Estimated factory overhead costs $154,000 If factory

The following budget data are available for Newest Company: Estimated direct labor hours 9,000 Estimated direct dollars $60,000 Estimated factory overhead costs $154,000 If factory overhead is to be applied based on direct labor hours, the predetermined overhead rate is

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